This is your opportunity to pick up an already approved dual development site at a bargain price.
All the hard work has been done.
This unique property has dual access, one off Princeton Drive and the other of Australis Circle.
With the combination of a forward thinking planner and a creative architect this 4,260 square metre block has an approval for TWO separate developments. The total of 4,260sqm can be subdivided to create two separate Green Titles.
Stage one on the first Green Title can have 8 vacant survey strata lots with all except one having an 11 metre or 3 storey allowed height for the construction of the homes. This stage one of the development will have its access from Australis Circle.
Stage two of this approved dual development is on the second of the two created Green Tiles. This property has its separate access from Princeton Drive. The development will comprised of a medium height apartment development of 8 three (3) storey apartment in two separate buildings where the height will not exceed 12 metres.
This unique development can be done in two stages one now and the other in the future. Site has an existing house on it in great condition and can provide rental income.
Capitalize on the 8 vacant lots and then develop stage two for the future.
Now is the time to act!
To a developer or an aspiring developer do the math, come in and see the plans, see the approvals, it will be worth your while. Remember never let an opportunity go by.
To view the plans, approvals and to organize a personal tour call Fallon Formica on 0422 193 880